- A primary bank account is the main bank account linked to a Jainam account. The bank proof submitted while opening a trading and demat account is linked as the primary bank account. The primary bank account is used for both depositing and withdrawing funds to and from the trading account.
- A secondary bank account is an additional bank account that can be added to a Jainam account. The bank account added as a secondary bank account can only be used to deposit funds into the trading account.
- Withdrawal of funds to a secondary bank account is not possible.
RELATED FACTS:
Only 1 bank account will be treated as primary, and the other bank accounts will be secondary.
|
